CBRE Group, Inc. Reports Financial Results for Q4 and Full Year 2019

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CBRE Group (CBRE) Misses Q4 EPS by 3c, Offers Guidance

February 27, 2020 6:57 AM EST

CBRE Group (NYSE: CBRE) reported Q4 EPS of $1.32, $0.03 worse than the analyst estimate of $1.35. Revenue for the quarter came in at $7.12 billion versus the consensus estimate of $6.91 billion.

GUIDANCE:

CBRE Group sees FY2020 EPS of $4.05-$4.25, versus the consensus of $4.07.

For 2020, CBRE expects adjusted earnings-per-share of $4.05 to $4.25, indicating growth of... More